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Seattle Passes Commercial Lease Legislation

By jnaegeli / January 31, 2024 / Comments Off on Seattle Passes Commercial Lease Legislation

Back to News Center Outgoing Councilmember Lewis passed legislation that would impose significant limits on personal guarantees and security deposits associated with commercial lease agreements. While the bill applies only to commercial property, SKCR views it as an opener to commercial rent control and a reduction in property rights. We…

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Seattle Councilmember Sawant’s Rent Control Bill Dies

By jnaegeli / September 28, 2023 / Comments Off on Seattle Councilmember Sawant’s Rent Control Bill Dies

Back to News Center In July, SKCR helped squash rent control legislation sponsored by outgoing Seattle City Councilmember Kshama Sawant by a 6-2 margin. Because Washington State prohibits any regulation of the amount of rent a landlord can charge, the ordinance would go into effect only if the state prohibition…

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Seattle Councilmember Andrew Lewis Slows Commercial Lease Legislation

By jnaegeli / September 28, 2023 / Comments Off on Seattle Councilmember Andrew Lewis Slows Commercial Lease Legislation

Back to News Center In late August, Councilmember Lewis introduced legislation that would impose significant limits on personal guarantees and security deposits associated with commercial lease agreements. While the bill applied only to commercial property, SKCR viewed it as an opener to commercial rent control and a reduction in property…

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Seattle Rent Control Proposal

By jnaegeli / July 27, 2023 / Comments Off on Seattle Rent Control Proposal

Back to News Center Outgoing Seattle City Councilmember Kshama Sawant has introduced legislation that would establish rent control in Seattle. Because Washington State prohibits any regulation of the amount of rent a landlord can charge, the ordinance would go into effect only if the state prohibition were repealed. If that…

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More New Renters Than Homeowners in Renton

By jnaegeli / July 27, 2023 / Comments Off on More New Renters Than Homeowners in Renton

Back to News Center City officials reported that between 2010 and 2021 the number of new renters in Renton was three times as large as the number of new homeowners. According to city planners, 92% of the 7,800 new housing units in Renton’s permit-pipeline are expected to be market-rate rental…

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